There is no allegation that plaintiffs' bank or banks are members of SWIFT, nor is there any information indicating that plaintiffs' financial information was disclosed by SWIFT...Plaintiffs rely on their own belief that their financial information has been disclosed, but such a belief, without more, cannot support standing.

The ruling leaves open the possibility that Walker and Kruse could file an amended suit, naming their banks. AP has more.

The case began in federal district court in Chicago, but SWIFT moved to transfer the case to Virginia. The Department of Justice had considered invoking the state secrets privilege [JURIST report] to halt the lawsuit out of concern that it might reveal to much about SWIFT programs designed to prevent the financing of terrorism.

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